I have S$150K cash

[peterlth]

I have $150K cash in my OCBC piggy bank; 2 AIA life insurance policies with a $300K protection; my CPF has 50K (normal account), 20k(special), 30K(medisave). Now living in a HDB flat and financing with my CPF. No debt. I have 2 children and my wife isn't working. I have a stable job with a take home earning of about 8K per month, and can save about $4k every month.

Can any financial planner suggest what I should do with my 150K cash?

I am thinking of investing some money into the stock market since most shares are quite low now. Or use the cash as the first instalment to buy a private property.

How would you allocate use the cash if you are me?

 

[Kuailan]

I have $150K cash in my OCBC piggy bank; 2 AIA life insurance policies with a $300K protection; my CPF has 50K (normal account), 20k(special), 30K(medisave). Now living in a HDB flat and financing with my CPF. No debt. I have 2 children and my wife isn't working. I have a stable job with a take home earning of about 8K per month, and can save about $4k every month.

Can any financial planner suggest what I should do with my 150K cash?

I am thinking of investing some money into the stock market since most shares are quite low now. Or use the cash as the first instalment to buy a private property.

How would you allocate use the cash if you are me?

Buy Ozie $$ now 99cts to S$ 100 earn you 6.75%/yr when Ozie up you gain plus interest, I intend to do just that. Or buy SinoTechfib share now .25cts
or buy Heng Long share if you can get hold seem like nobody's selling, every body is holding to it not letting go.

 

[Merl Haggard]

Go to Las Vegas Sands Venetian Macao and check in your 150,000 k to play bacarrat or use it for a 2% booking fee for St Regis apartment.

I have $150K cash in my OCBC piggy bank; 2 AIA life insurance policies with a $300K protection; my CPF has 50K (normal account), 20k(special), 30K(medisave). Now living in a HDB flat and financing with my CPF. No debt. I have 2 children and my wife isn't working. I have a stable job with a take home earning of about 8K per month, and can save about $4k every month.

Can any financial planner suggest what I should do with my 150K cash?

I am thinking of investing some money into the stock market since most shares are quite low now. Or use the cash as the first instalment to buy a private property.

How would you allocate use the cash if you are me?

 

[madmansg]

you can top up my account.

 

[imperialarms]

150k can go china enjoy everyday do big tittiy dong bbei mei meis in the arse everyday

 

[middaydog]

Can any financial planner suggest what I should do with my 150K cash?

I will up you 2 points each time you transfer $2,000/ to my bank account

 

[lifeafter41]

I have $150K cash in my OCBC piggy bank; 2 AIA life insurance policies with a $300K protection; my CPF has 50K (normal account), 20k(special), 30K(medisave). Now living in a HDB flat and financing with my CPF. No debt. I have 2 children and my wife isn't working. I have a stable job with a take home earning of about 8K per month, and can save about $4k every month.

Can any financial planner suggest what I should do with my 150K cash?

I am thinking of investing some money into the stock market since most shares are quite low now. Or use the cash as the first instalment to buy a private property.

How would you allocate use the cash if you are me?

That's a lot of saving. Very good for you.

 

[Merl Haggard]

Hello friend from Perth, why is the Auzzie Dollar on free fall? I hear that it will fall further to 60c Sing for 1AUD.

I seriously hope you are kidding when you say you have only $150K in cash with a $8K salary....

With that kind of money, better you save you for your kids education 1st, don't risk it on investments for the time being at all.

Cut down your spending and think of your 4K savings per month as "interest" on your $150K, that's a whopping 32% return a year!!!

 

[Subok]

I am no expert but as novice as i am, If I got that cash, i would buy Aussies, Euros and Gold

 

[singveld]

at present situation

divide your money into different banks

and bunker in and wait til 2010

 

[Leongsam]

Can any financial planner suggest what I should do with my 150K cash?

You should be asking a much more fundamental question which is "what should I be doing with the rest of my life...".

Do you want your 2 children to grow up in a muslim dominated region in a country which is under threat from all sides?

You have ALL your assets in one basket in one currency in one very unstable country. Your "stable job" is an illusion. Shouldn't you be looking into setting up a 2nd base beyond Asia?

Investing $150k is the least of your problems given the state the country is in.

 

[Baimi]

Donate to NKF and Ren Ci

 

[tonychat]

I have $150K cash in my OCBC piggy bank; 2 AIA life insurance policies with a $300K protection; my CPF has 50K (normal account), 20k(special), 30K(medisave). Now living in a HDB flat and financing with my CPF. No debt. I have 2 children and my wife isn't working. I have a stable job with a take home earning of about 8K per month, and can save about $4k every month.

Can any financial planner suggest what I should do with my 150K cash?

I am thinking of investing some money into the stock market since most shares are quite low now. Or use the cash as the first instalment to buy a private property.

How would you allocate use the cash if you are me?

Make sure your money is not in the hands of sinkie. or else it will be gone in no time. Be careful especially you are in sinkieland.

 

[Big Sexy]

it will help if you tell us
a) your age
b)how much you paid for your pigeon hole.
c) your outstanding loan.

150k is really peanuts to a 40+ years old, but is good money if you are in your early 20s.

I have $150K cash in my OCBC piggy bank;Now living in a HDB flat and financing with my CPF. No debt.

How would you allocate use the cash if you are me?

 

[peterlth]

I am in my mid 30s. I paid 250K for my HDB flat and it is about 1/3 paid. I still have 20 years of instalment left to paid my mortage. Each month HDB deduct 700+ from my CPF, which is OK. No other outstanding load. Don't have car, rely on public transport.

Any good advise, please?

it will help if you tell us
a) your age
b)how much you paid for your pigeon hole.
c) your outstanding loan.

150k is really peanuts to a 40+ years old, but is good money if you are in your early 20s.

 

[peterlth]

Some jokers sent me PM to offer insurance packages. Another one asked me to go into MLM. Wah lao ....

 

[tonychat]

Some jokers sent me PM to offer insurance packages. Another one asked me to go into MLM. Wah lao ....

Dun let your money falls in the hands of sinkies. Be careful.

 

[Leongsam]

Any good advise, please?

Should be "Any good ADVICE please?".

"Advise" is a verb.

 

[jw5]

You should be asking a much more fundamental question which is "what should I be doing with the rest of my life...".

Do you want your 2 children to grow up in a muslim dominated region in a country which is under threat from all sides?

You have ALL your assets in one basket in one currency in one very unstable country. Your "stable job" is an illusion. Shouldn't you be looking into setting up a 2nd base beyond Asia?

Investing $150k is the least of your problems given the state the country is in.

What if someone doesn't have children and doesn't give a hoot about the "future"?
Should he stay in Singkieland and continue to watch the fun and be entertained?

 

[middaydog]

Some jokers sent me PM to offer insurance packages. Another one asked me to go into MLM. Wah lao ....

I upped your points oreddy but money not transfered yet